Georgia · 2025-2026 Regular Session · Bill
HB 1414: Limited liability companies; permit creation of protected series and registered series
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1414 is a bill introduced in the Georgia House on February 20, 2026. According to its official title, it concerns: Limited liability companies; permit creation of protected series and registered series. Primary sponsor: Matt Reeves (Republican), Chuck Efstration (Republican), Soo Hong (Republican), Scott Holcomb (Democratic), Stacey Evans (Democratic), Rob Leverett (Republican). Most recent recorded action (March 3, 2026): House Committee Favorably Reported.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
A BILL to be entitled an Act to amend Chapter 11 of Title 14 of the Official Code of Georgia Annotated, relating to limited liability companies, so as to permit the creation of protected series and registered series of a limited liability company; to provide for procedures for creation of such series; to provide for the records of such series; to provide for the assets property owned by such series; to provide for consolidation of series; to provide for merger of registered series; to provide for definitions; to provide for related matters; to repeal conflicting laws; and for other purposes.
Sponsors
Sponsors by party (alphabetical): Democratic 2 · Republican 4
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Matt Reeves | Primary sponsor | Republican | House | 99 |
| Chuck Efstration | Primary sponsor | Republican | House | 104 |
| Soo Hong | Primary sponsor | Republican | House | 103 |
| Scott Holcomb | Primary sponsor | Democratic | House | 101 |
| Stacey Evans | Primary sponsor | Democratic | House | 57 |
| Rob Leverett | Primary sponsor | Republican | House | 123 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- House Committee Favorably Reported
- House Second Readers
- House First Readers
- House Hopper